When we analyze the "90-day percent return" metric for TON historically, we observe that we are in the early stages of an uptrend.
Historical Trend Analysis
Over the past two years, this metric has turned positive four times. Immediately following these trend reversals, TON experienced a bull rally. Examples include:
August 30, 2023: TON price was $1.72, with a 65% return in 70 days
February 28, 2024: TON price was $2.17, with a 258% return in 43 days
November 23, 2024: TON price was $5.45, with a 32% return in 11 days
Conclusion
Currently, we observe that the "90-day percent return" metric for TON has entered a bull trend for the fourth time. It has been only 7 days since this reversal. Based on previous data:
Expected duration: 43 days (median value)
Potential percentage return: 65% (median value)
These insights suggest that TON is likely to continue its upward trend in the short term.
Written by burakkesmeci
